Bank of Kigali shares drop as week starts

Bank of Kigali shares drop as week starts

Today, the Rwanda Stock Exchange market recorded a total turnover of Rwf 140, 760,700 from 455,300 BoK shares and 1,200 Bralirwa shares traded in five deals compared to the last Friday’s trading session which recorded 10,300 BoK shares and 5,400 Bralirwa shares valued at Rwf 5,548,500 in four deals.

The RSE share index (RSI) went down by 0.27 points to close at 261.54 resulting from a drop in BoK share price. BoK shares traded between Rwf 308-309 and closed at Rwf 308, translating into a decline of Rwf 1 from last Friday’s closing price .

Bralirwa shares traded and closed at Rwf 440, unchanged from last Friday’s closing price. On the other hand KCB, NMG, and Uchumi Supermarket’s shares last transacted at Rwf 185, Rwf 1200 and Rwf 175 respectively. At the end of formal trading hours, there were outstanding offers of 136,600 BoK shares between Rwf 309-330 and no outstanding bids.

On Bralirwa counter, there were outstanding bids of 12,500 shares at Rwf 440 and no outstanding offers. On KCB counter; there were outstanding bids of 5,100 shares between Rwf 175-180 and no outstanding offers. On USL counter; there was an outstanding offer of 7,300 shares at Rwf 175 and no outstanding bids.

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Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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